Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Metals & Mining Industrial Metals & Minerals

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.

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Fission Uranium Corp

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Post by teeveeon Jun 09, 2017 10:06am

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Post# 26344493

Uranium1's cash cost/lb down to $9

Uranium1's cash cost/lb down to $9/lb. Selling at $29/lb, clearly there is lots of room for global uranium prices to go loweer and stay lower. 200% margin is plenty to allow for brownfields and greenfields development of increased U production to meet growing future uranium needs.

https://www.uranium1.com/index.php/en/investor/news-releases

PLS should be mothballed.

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